Peggy Baumhoer
Jefferson City,MO
Summary
Dynamic CFO with a proven track record showcasing expertise in US GAAP proficiency and strategic financial leadership. Excelled in enhancing profitability through innovative tax strategies and robust financial statement reviews. Skilled in mentoring teams, demonstrating exceptional accounting management and interpersonal skills. Achieved significant process improvements, directly impacting the bottom line.
Overview
20
20
years of professional experience
1
1
Certification
Work History
CFO
Denver Cole New Jersey
Eatontown , NJ
10.2024 - Current
- Reviewed financial statements on a regular basis to ensure accuracy of reported information.
- Developed comprehensive tax planning strategies that minimized liabilities while maximizing profitability.
- Monitored cash flows and identified areas of risk or opportunity.
- Guided internal audits, risk assessments and compliance monitoring.
- Evaluated internal controls over financial reporting processes and ensured compliance with applicable laws and regulations.
- Worked closely with operations teams to ensure accurate cost accounting practices are followed.
CFO
RTMC Holdings LLC
Jefferson City, MO
04.2021 - Current
- Formulated and delivered financial and budget reports for investors, partners and stakeholders.
- Collaborated with senior management to develop long-term business objectives and plans.
- Provided guidance on capital structure, investments, acquisitions, divestitures, and other strategic initiatives.
- Hired, trained, and mentored staff members to maximize productivity.
- Reviewed financial statements on a regular basis to ensure accuracy of reported information.
- Sourced, installed and implemented new accounting systems to streamline operations.
- Developed comprehensive tax planning strategies that minimized liabilities while maximizing profitability.
- Monitored cash flows and identified areas of risk or opportunity.
- Prepared annual budget plans, quarterly forecasts, and monthly closing activities.
- Worked closely with operations teams to ensure accurate cost accounting practices are followed.
- Ensured timely filing of all required federal and state taxes; provided support during audits by regulatory agencies.
- Created and implemented best practices to standardize internal processes and procedures.
Controller
MedFarms LLC
Romeo, MI
11.2023 - 10.2024
- Oversaw daily activities of staff members including hiring, training and evaluating personnel performance.
- Assisted in developing best practices for overall corporate governance processes and procedures.
- Coordinated with external auditors during annual audit process to ensure timely completion of audits.
- Reviewed journal entries for accuracy and completeness.
- Maintained general ledger and chart of accounts, performed complex accounting functions such as journal entry preparation, account analysis, balance sheet reconciliation and preparation of quarterly financial statements.
- Used US GAAP to shape technical accounting policies and procedures.
- Produced financial reports and audit documentation to facilitate internal and external auditing.
- Maintained general ledger integrity through review of account balances and transactions ensuring accuracy of information reported in the financial statements.
- Identified areas for improvement within the finance department operations and processes.
- Provided support during audits conducted by outside agencies or internal audit teams.
- Supervised month-end close processes and reconciled treasury transactions.
Senior Tax Accountant
Evers & Company CPA's LLC
Jefferson City, MO
07.2005 - 04.2021
- Reviewed financial information detailing assets, liabilities, and capital.
- Monitored balance sheets and income statements to evaluate financial performance.
- Maintained up-to-date knowledge of Generally Accepted Accounting Principles guidelines.
- Performed general ledger reconciliations on a timely basis.
- Delivered superior level of customer service to small business clients.
- Identified opportunities for process improvements and integration of technology into tax reporting functions.
- Advised clients on how to take advantage of various investment opportunities that minimize taxes paid.
- Maximized tax refunds by striving to obtain taxable income, deductible expenses and allowance details.
- Analyzed financial records to determine appropriate tax liabilities.
- Analyzed balance sheets for mistakes and inaccuracies.
- Reviewed tax returns to make recommendations regarding accuracy and tax savings opportunities.
- Advised clients on potential tax implications of business decisions.
- Liaised with auditors to complete annual audits and maintain compliance with local, state and federal requirements.
- Met internal and external deadlines for tax filings, monthly accounting close and quarterly financial reporting.
- Researched wide range of tax issues related to business transactions for variety of entities and affiliates.
- Maintained accurate accounts for cash, fixed assets and other transactions.
- Worked with internal and external accounting and operational professionals to obtain and collate information required in connection with preparation of tax returns.
- Accurately filed federal and state income taxes for large organization following strict deadlines.
- Interacted with key client management to gather information, resolve tax-related problems and discuss business and process improvements.
- Assisted in preparing responses to audits conducted by the Internal Revenue Service.
- Researched changes in laws to maintain adherence to financial regulations.
- Generated tax returns for more complex individual, corporate, and foreign tax clients.
- Identified potential tax issues and provided swift, effective solutions.
Education
Master of Science - Accountancy
University of Missouri
Columbia, MO05-2004
Skills
- Month-end and year-end closings
- Processing payments
- Preparing financial statements
- Accounting management
- Balance sheet management
- US GAAP proficiency
- Financial statement review
- Statement reconciliation
Certification
- Enrolled Agent
- Graduate Certificate in Taxation
Timeline
CFO
Denver Cole New Jersey
10.2024 - Current
Controller
MedFarms LLC
11.2023 - 10.2024
CFO
RTMC Holdings LLC
04.2021 - Current
Senior Tax Accountant
Evers & Company CPA's LLC
07.2005 - 04.2021
- Enrolled Agent
- Graduate Certificate in Taxation
Master of Science - Accountancy
University of Missouri
Similar Profiles
Manly BanksManly Banks
Dump Truck Driver at Cole & Cole Trucking LLC.Dump Truck Driver at Cole & Cole Trucking LLC.
ALEXANDRA NANCEALEXANDRA NANCE
Judicial Assistant I at City and County of Denver, Denver Police DepartmentJudicial Assistant I at City and County of Denver, Denver Police Department
Andy LeeAndy Lee
IT Specialist Gs-2210-12 40 Hours/week at DoD Air Force Supervisor: Cole HartmannIT Specialist Gs-2210-12 40 Hours/week at DoD Air Force Supervisor: Cole Hartmann